Insights
Heat Source Pump Grants Coming Soon for Landlords
As confirmed in the recent Autumn 2021 Budget, landlords have been included in the government’s heat source pump grant scheme, which will provide access to grants of £5,000 to help replace gas boilers with low-carbon air or ground source heat pumps from April 2022.
Read MoreAutumn Budget 2021: Landlord Update
The focus of today’s Autumn Budget and Spending Review was post-pandemic economic recovery. From grants to help landlords replace boilers, to a deadline extension for Capital Gains Tax, there are a number of announcements that look set to impact landlords and property investors.
New Evictions Paperwork Compulsory from 1 October
From 1 October, landlords and letting agents are required to use new forms when dealing with Section 8 and Section 21 Notices. It’s crucial that any notice deemed as served from this date uses the new court paperwork to evict a tenant, otherwise it will not be valid. Here’s how it all works.
5 Reasons Why Croydon is a Great Place to Live – and Invest in Rental Property
With its excellent commuter links into London, its offering of fairly priced properties and abundance of leisure facilities, it is no wonder that living in Croydon has become a popular move, and that investing in buy to let property in the area has in turn developed into a lucrative opportunity. Here are five reasons why Croydon could be the place for your next property investment.
New Permitted Development Rights – an Opportunity for Landlords?
From 1 August, new a new Permitted Development Rights (PDR) scheme came into force, making it easier to convert commercial premises on England’s high streets into affordable residential accommodation. The scheme will streamline the planning process courtesy of a more simplified ‘prior approval’ process, rather than a full planning application, opening up opportunities for buy to let landlords in converting commercial properties into residential homes.
Floods in Rental Properties: A Landlord’s Responsibilities
The Environment Agency says that there are over five million properties in England that face a risk of flooding. Landlords are right to worry over their responsibilities should a flood become a problem, especially if it leads to the property becoming uninhabitable. It is therefore useful to know what would be expected of you as a landlord in the event of a flood. Precisely what we are covering in this post.
A Landlord’s Guide to Protecting Tenants Against Legionnaire’s Disease
All landlords have legal responsibilities to ensure the health and safety of their tenants. Under these responsibilities, Legionnaire’s disease ranks as one of the most significant health concerns that must be considered when letting to tenants. Here’s why it’s vital to be aware of what Legionnaire’s disease is, why it is harmful, and how to check for and prevent it.
How to Use Price per Square Foot as a Property Investment Business Model
In the UK, the most common way to describe the size of a house is by number of bedrooms. In the USA and Europe however, the property’s internal area is the measurement of choice. The trouble with number of bedrooms is that it doesn’t really give a clear representation of property size. Here’s why property investment experts are suggesting that price per square foot is the best property investment business model when it comes to determining profitability.
An At-a-Glance Guide to Fair Wear and Tear for Landlords
Often misunderstood, fair wear and tear has long been an area of confusion both for landlords and tenants. The line between wear and tear and damage or neglect can be a fine one, but a lot rests on getting it right, because decisions made about charging for damage at the end of a tenancy depend upon it. This at-a-glance guide is designed to help you, as a landlord, understand precisely what fair wear and tear is, how it differs from damage and neglect, and how to minimise it during a tenancy.
4 Great Reasons to Invest in Buy to Let Property in Croydon
Croydon, town and borough, is thriving. And it is no wonder as, with such a significant level of investment, the area has recently been named the UK’s fastest growing economy. Here’s a look at some of the large scale development projects that are currently underway or in the pipeline, which could make Croydon a lucrative place to invest in buy to let property.